How Cloud Computing will Shape 2013

December 27, 2012 Off By David

Grazed from Proformative. Author: Editorial Staff.

There is no question about it; cloud computing is going to grow even larger than it already it is in 2013. Traditionalist accounting firms will find it increasingly difficult to ignore organization’s prevailing use of cloud storage internally and with their clients. According to a recent study by the AICPA, 11 percent of CPA firms already operate completely in the cloud. Another one-third of the 624 respondents reported using cloud software, such as bill management, accounting and payroll applications, in some areas of their practice.

While the biggest concern surrounding cloud use is security, professionals around the world are benefiting from remote access to work data and information, forgetting about software updates, among other benefits. As the cloud is going to hover over the accounting profession more and more, here are three predictions to consider…

The Cloud and the Fiscal Cliff

Less than one week left before New Years Eve and Washington has yet to announce a solution to the looming fiscal cliff. If Congress doesn’t come to an agreement and the country tumbles over the metaphoric edge, billions in tax increases and automatic spending cuts will quickly hit U.S. businesses and government agencies, reports The New York Times. That’s scary…

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